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Unit Plan

Texas Gateway: Ap Macroeconomics: Demand, Supply, and Efficiency

Curated by ACT

By the end of this section, you will be able to contrast consumer surplus, producer surplus, and social surplus; explain why price floors and price ceilings can be inefficient; and analyze demand and supply as a social adjustment mechanism.

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Concepts
supply and demand
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Additional Tags
consumer surplus, demand and supply diagram, inefficiency of price floors and price ceilings, producer surplus, social surplus, ap macroeconomics, demand and supply, demand, supply, and efficiency, texas gateway, texas gateway: ap macroeconomics: demand, supply, and efficiency, efficiency
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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional